Thursday, July 17

Day: July 17, 2025

Trump hints at timeline for tariffs on $1.6 billion of Aussie exports

US President Donald Trump has said he will "probably" impose tariffs on pharmaceutical drug imports from the end of July. Speaking to reporters today, Trump said he would start out at a lower tariff rate and give companies a year to build domestic factories before they face higher import tax rates. He said this could come into effect "at the end of the month". Donald Trump has said he will "probably" impose tariffs on pharmaceutical imports at the end of July. (AP) Australian exports to the US are already subject to a 10 per cent tariff, with Trump recently saying that could rise to 15 or 20 per cent by August 1. But now it appears pharmaceutical exports could come in for special attention. Trump previously said tariffs on pharmaceuticals could climb as hi...

Trump lashes out at ‘weaklings’ who believe Epstein ‘hoax’ amid building GOP pressure to release documents

US President Donald Trump has accused some of his longtime supporters of being "weaklings" who are falling prey to Democratic "bullshit" about the late sex offender Jeffrey Epstein — concluding that he no longer wants their support. The message was the clearest sign yet of the cracks emerging in the president's coalition, many of whom are loudly demanding more information about the disgraced financier, who has been subject to myriad conspiracies since his death by suicide in 2019. And some of his allies don't appear to be listening, with Republicans in Congress taking steps on Wednesday morning (Wednesday night AEST) to potentially force the Justice Department to release more documents. With Trump defending the findings, the situation has set up an unprecedented ...

Another key ally quits Netanyahu’s governing coalition in a major blow to Israel’s leader

Israeli Prime Minister Benjamin Netanyahu suffered a major political blow overnight as a key governing partner announced it was quitting his coalition government, leaving him with a minority in parliament as the country faces a litany of challenges. Shas, an ultra-Orthodox party that has long served as kingmaker in Israeli politics, announced that it would bolt the government over disagreements surrounding a proposed law that would enshrine broad military draft exemptions for its constituents – the second ultra-Orthodox governing party to do so this week. "In this current situation, it's impossible to sit in the government and to be a partner in it," Shas cabinet minister Michael Malkieli said in announcing the party's decision. Israeli Prime Minister Benjamin Ne...

Trump says Coca-Cola will use real sugar in its US flagship drink. The company isn’t confirming that

President Donald Trump said Coca-Cola has agreed to use real cane sugar in its flagship soft drink in the US at his suggestion — though the company didn't confirm such a move. Any switch from high-fructose corn syrup in Coke sold in the US would put Coca-Cola more in line with its practice in other countries, including Mexico and Australia. But it wouldn't affect Trump's drink of choice, Diet Coke, which uses aspartame as a calorie-free beverage. "I have been speaking to Coca-Cola about using REAL Cane Sugar in Coke in the United States, and they have agreed to do so," Trump wrote on his social media site. Donald Trump has announced Coca-Cola is changing its recipe at his request. (AP) "I'd like to thank all of those in authority at Coca-Cola. This will be a v...
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